Valuation
$2.2M
2024 Revenue
$730.9K
Funding
$0
YOY
147.5%
Team
18
Founded
2018
How Carnot Innovations CEO Ashish Justin grew to $730.9K revenue with a 18 person team in 2024.
Developer of data analytics software for HVAC applications. The company's software algorithms enable enterprises to predict and detect operational defects in HVAC systems.
Last updated
Carnot Innovations Revenue
In 2024, Carnot Innovations's revenue reached $730.9K. The company previously reported $295.3K in 2023. Since its launch in 2018, Carnot Innovations has shown consistent revenue growth.
| Year | Milestone | Quote |
|---|---|---|
| 2024 | Carnot Innovations Hit $730.9k revenue in October 2024 | |
| 2023 | Carnot Innovations Hit $295.3k revenue in December 2023 | |
| 2021 | Carnot Innovations Hit $82k revenue in April 2021 | |
| 2018 | Launched with $0 revenue |
Carnot Innovations Valuation, Funding Rounds
Carnot Innovations's most recent disclosed valuation is $2.2M.
| Year | Round | Amount | Valuation | % Sold | Quote |
|---|
Founder / CEO
Q&A
| Question | Answer |
|---|---|
| What's your age? | - |
| Favorite online tool? | - |
| Favorite book? | - |
| Favorite CEO? | - |
| Advice for 20 year old self | - |
Customers
We do not have customer count information for Carnot Innovations yet.
Carnot Innovations Employees & Team Size
Carnot Innovations employs approximately 18 people as of 2026, up from 12 in 2023.
| Year | Milestone |
|---|---|
| 2024 | Reached 18 employees (October 2024) |
| 2023 | Reached 12 employees (December 2023) |
| 2022 | Reached 5 employees (December 2022) |
| 2021 | Reached 4 employees (December 2021) |
| 2021 | Reached 3 employees (April 2021) |
Frequently Asked Questions about Carnot Innovations
What is Carnot Innovations's revenue?
Carnot Innovations generates an estimated $730.9K in annual revenue.
Who founded Carnot Innovations?
Carnot Innovations was founded by Ashish Justin.
Who is the CEO of Carnot Innovations?
The CEO of Carnot Innovations is Ashish Justin.
How much funding does Carnot Innovations have?
Carnot Innovations raised $0.
How many employees does Carnot Innovations have?
Carnot Innovations has 18 employees.
Where is Carnot Innovations headquarters?
Carnot Innovations is headquartered in Wan Chai, Hong Kong Island, Hong Kong.
Compare Carnot Innovations to the industry
Carnot Innovations operates across multiple industries. Browse revenue, funding, and growth data for Carnot Innovations in each sector below.
Data and Sources
All figures on this page are taken directly from interviews or are estimates from public sources and proprietary models. Not financial advice. Read full disclaimer.
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